Our conferences provide the opportunity to hear the latest research in energy economics and dialogue that takes place between industry, government and academia. IAEE meets globally between three to five times per year. Don’t miss your opportunity to present your research.

Membership in IAEE is open to anyone worldwide who has an interest in the fields of energy or energy economics. Our membership consists of those working in both the public and private sectors including government, academic and commercial.

IAEE publishes three publications throughout the year. These are The Energy Journal, Economics of Energy & Environmental Policy and the Energy Forum. Members of the association receive these publications as part of their membership.

Abstract: In the wake of events associated with the Iranian revolution, the world price of oil increased from $15 to $32 per barrel. The Energy Modeling Forum's recent review of 10 world oil models shows virtual unanimity in holding that this price increase will be permanent and, indeed, that the real price of oil will increase in the future. The purpose of this paper is to seriously question the assumptions underlying such long-run projections-and hence the projections themselves. We conclude that the 1978-79 price hikes may prove to be a watershed event that effects fundamental changes in the long-run supply and demand for oil.